|Type of investor||Angel|
|Typical investment size||$25,000 - $50,000|
|Typical investments in a year||8|
|Investments made||Tapulous, Mesmo, Spoke, Long Tail Video, Merchant Circle, "Coveroo, LikeIt, Rockbot, Tapulous, SocialWire, DoubleDutch, Influitive, Curebit, Freestyle Capital, Hangtime, ChoicePass, Indextank, SoftTech VC, Mesmo.tv, MyTime, Wallop, DealSquare, Tubular Lab|
|Investments partners||DCM, Partech, Mayfield, USVP, Sequoia, Norwest, MDV|
|Categories of interest|
|Credentials||Accredited Investor, Qualified Purchaser|
I want to invent something cool.
people who are not as focused as you
Not staying focused
Go for high velocity models, don't let investors decide direction, play to win.
Ben T. Smith, IV, is the CEO of ShopCo Holdings, a local discovery media company financed by 12 of the largest American media companies.
Ben was the Chairman and Co-Founder of MerchantCircle, the largest online network of local business owners in the nation. Ben is a serial entrepreneur, investor and business advisor in the social networking space with a deep understanding and appreciation for small, family-owned businesses until he sold it to Reply Media for $60MM. He was the President of Reply Media for a short time before exiting.
Ben is one of the pioneers of the social networking category as the co-founder and current board member of Spoke Software, where he helped architect the business, establish a patent portfolio in social networking, guide the company to its initial customers and through its establishment as the largest public database of business professionals. He has served in advisory and interim executive roles for more than 10 businesses, and serves on the board of directors for a number of early stage companies and public companies including Glu Mobile and is an investor advisor in over 25 internet companies including two recent social gaming exits, Mesmo and Tapulous to Game Show Network and Disney.
Ben began his career as a management consultant at A.T. Kearney, where he was one of the youngest partners in the firm's history, selected as one of the most influential consultants in the world in 2002 by Consulting News and helped spearhead EDS and Kearney's venture development efforts. Ben also served the Bush Administration as the Senior Advisor for Strategy and Planning to the Secretary of Transportation from 2001 to 2002. Ben was the SVP, Corporate Development at Borland Software and lead spin off and then managed the $75MM a year development tools and community spin off, CodeGear.
A native of Fairhope, Alabama, Ben spent the majority of his younger years learning the ins and outs of a number of family businesses - from his first job at Daphne Pharmacy, the locally-owned pharmacy, to learning from his family’s experiences running Original Bens Jr., a famous BBQ pit founded by his grandfather that is still one of the best BBQ places in the south.
Ben holds a Master’s from Carnegie Mellon University’s Tepper School of Business and a Bachelor's degree in Mechanical Engineering from the University of California at Davis.
Angel investments and exits:
Tapulous (acquired by The Walt Disney)
Freestyle Capital (accelerator)
ChoicePass (acquired by Salesforce)
Indextank (acquiredby LinkedIn)
SoftTech VC (accelerator)
Tubular Labs (funded)
MerchantCircle (acquired by Reply!; $60M)
Glu Mobile (IPO)
Trovix (acquired by Monster $72.5M)
Trigo Technologies (acquired by IBM)
Granite Global Ventures (accelerator)
Cenda(accelerator) Capital (accelerator)
Mohr Davidow Ventures (accelerator)
Pivotnorth Capital (funded)
Long Tail Video (funded)
QP Park (funded)
Melian Labs (funded)
Timebridge (acquired by Reply!)
Thump Games (funded)